159 Although Agoa passed another hurdle on its path to becoming law, not everybody believes that South Africa’s name will appear in the final version. The African Growth and Opportunity Act (Agoa),…
Category: Business
Why stablecoins are booming in Africa
159 Yellow Card MD Lasbery Oludimu Stablecoin adoption is surging across Africa as both businesses and consumers find use cases that assist in speeding up and lowering the cost of transacting. Speaking…
Prosus inks three-year AWS deal to scale AI across its global portfolio
151 Image for illustration purposes only Naspers subsidiary Prosus has signed a three-year global partnership agreement with Amazon Web Services to scale the use of artificial intelligence across its portfolio companies in…
Mahindra backs SKD production to attract major auto investment to SA
167 But says it will be the first to blow the whistle on firms exploiting loopholes to avoid SKD component import duties. Mahindra South Africa, the wholly-owned subsidiary of the Indian automotive…
Vodacom’s real growth story isn’t mobile
163 For years, Vodacom Group was viewed primarily as a telecommunications operator with an interesting side business in mobile money. That framing no longer holds: the numbers in its latest quarterly trading…
AI won’t replace software, says Nvidia CEO amid market rout
137 Nvidia CEO Jensen Huang. Steve Marcus/Reuters Nvidia CEO Jensen Huang has dismissed fears that AI will replace software and related tools, calling the idea “illogical”, after a significant selloff in global…
Sharp decrease in SA automotive exports in December due to uncertainty around US tariffs
179 South Africa still recorded a preliminary trade surplus of R201.6 billion in 2025, slightly higher than in 2024. There was a sharp decrease in South African automotive exports due to uncertainty…
Township businesses in Gauteng made over R1 billion, thanks to Uber Eats
153 ‘This proves that township economy is a real thing, and can produce tangible results.’ Township businesses in Gauteng have generated more than R1 billion in revenue since the partnership between Uber Eats and…
Sars now turns to high-wealth individuals who pay almost half of all personal income tax
137 According to Sars, around 2 800 South Africans with assets exceeding R50 million collectively hold an estimated R150 billion offshore. The South African Revenue Service (Sars) is now focusing on the…
OpenAI chip rethink signals turning point in AI hardware market
166 OpenAI CEO Sam Altman. Shelby Tauber/Reuters OpenAI is unsatisfied with some of Nvidia’s latest AI chips, and it has sought alternatives since last year, eight sources familiar with the matter said….